The Disposable Endoscopes Market was valued at $2.1 Billion in 2018 and is forecast to grow at a modest 20.6 % CAGR between 2018 and 2025, culminating in 2026 global sales of $xx.23 Billion.
Industry at a Glance.
An endoscope is a medical instrument that consists of a light and camera to capture the high-quality image of the internal body part of the human. An endoscope is used to perform endoscopy, a procedure to examine the internal organs of the human body.
Rising occurrence of chronic disease, the Growing prevalence of Hospital-acquired Infections (HAI), rising use of single-use endoscopes due to low cost of maintenance, cleaning, and storage is expected to create a strong demand during the forecast period.
Technological advancement playing a crucial role in the Disposal endoscope market. As per the Ambu A/S, developed endoscopy equipment that provides a real, accurate, and high definition picture, proper navigation as well as safe to use and smooth to operate in the human body.
Furthermore, the rising incidence of nosocomial infections owing to contaminated endoscopes will propel market growth. According to the National Cancer Institute (NCI), in 2018, reported more than 1.9 million new cancer cases in U.S. an As per the organization for economic cooperation and development (OECD), the number of hysteroscopy procedures performed in Mexico was 1.12 Million in 2018 which has increased to 2.3 Million 2022.
- Picing Analysis
“Optimal Price Point (OPP) for Global Disposable Endoscopes”
Estimated Average product/ service cost – $ xx globally. However, with improving access and availability of options, OPP, and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.
Due to the wide array of products available in the market, pricing, positioning, and sales channel optimization play a vital role in the success of a product. On average, in Global Disposable Endoscopes are available at USD xxx- USD xxxx. However, high-end products are available at much higher prices. The prices in emerging countries and developed countries vary significantly due to the difference in purchasing power and availability of the latest products.
Global Disposable Endoscopes Market by “Key Application Categories”
We have segmented the Global Disposable Endoscopes-based on Application Categories as Bronchoscopy, Proctoscopy, Arthroscopy, Urologic, GI Endoscopy, ENT Endoscopy, and Others.
We have observed the rapid growth of Disposable Endoscopes followed by the Bronchoscopy segment has the largest market share in 2018 and is estimated to grow during the prediction period. Due to the increase in the number of infections related to bronchoscopes and the high availability of devices, and technological advancement in bronchoscopy is thrusting the market growth.
We also noticed the Urologic Endoscopy segment anticipated to drive the market with a CAGR of 29.7% from 2018 to 2026. It Helps to diagnosis the urinary problem in the human body part.
Global Disposable Endoscopes Market by “End-Use Categories”
We have segmented the Global Disposable Endoscopes-based on End-Use categories as Hospitals, Diagnostic Centers, and Clinics.
We have observed the rapid growth of Disposable Endoscopes followed by the Hospitals segment has the largest market share of 48.7% in 2018 and is expected to propel the market growth over the forecast period. This segment demanded in the single-use endoscopy segment due to the low maintenance cost. Strongly increasing the hospital cleaning system, raising awareness, and increasing the occurrence of hospital-acquired infections are the key driver for market growth.
We also noticed the Clinics segment anticipated to drive the market with a CAGR of 30.8% from 2018 to 2026.
North America and Asia Pacific accounted for the maximum revenue share of over xx% in 2018 due to increased demand for Global Disposable Endoscopes followed by EU- Top 5 countries contribute $X.9 Billion in 2018 and expected to reach $x.5 Billion by 2026.
The Asia Pacific is expected to create the fastest CAGR between 2018 to 2026. An increase in favorable government regulations, Upsurge in the prevalence of nosocomial infections, and the presence of well-established healthcare infrastructure are the dynamic factor to propel the market demand during the forecast period.
The North American region led the market and accounted for the largest share in 2018. Increasing the occurrence of cancer disease, growing FDI investment approval, high per capita healthcare expenditure, and the progression of advanced technology are the major factor to expand the market growth of this region. As per the
“Competitive Landscape” and “Merger & Acquisition Insights”
The key market participants are OBP Medical Corporation, Flexicare Medical Ltd, Ambu A/S, Boston Scientific Corporation, Hillrom Services, Inc, KARL STORZ Endoscopy-America, Inc., and ProSurg Inc. are few major players in Global Soil Conditioner markets. The Global Disposable Endoscopes market is fragmented with a large number of global & local players. Merger &Acquisitions, collaborations & new products launch are some of the major strategies adopted by key market players. Apart from this innovation & new product development are major focus areas for dominant companies.
Global Disposable Endoscopes Market by Key Application Categories (Revenue, Million, 2018 – 2026)
- GI Endoscopy
- ENT Endoscopy
Global Disposable Endoscopes Market by End-Use categories (Revenue, Million, 2018 – 2026)
- Diagnostic Centers
Global Disposable Endoscopes Market Regional Outlook (Revenue, USD Million, 2018-2026)
North America Bronchoscopy
- Asia Pacific
- Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
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